{"id":4459,"date":"2026-03-10T11:35:27","date_gmt":"2026-03-10T09:35:27","guid":{"rendered":"https:\/\/uronline.lv\/?p=4459"},"modified":"2026-03-10T11:41:09","modified_gmt":"2026-03-10T09:41:09","slug":"increase-in-share-capital","status":"publish","type":"post","link":"https:\/\/uronline.lv\/en\/increase-in-share-capital\/","title":{"rendered":"Share capital increase 2026: How to do it?"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"4459\" class=\"elementor elementor-4459\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-section elementor-top-section elementor-element elementor-element-36fed713 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"36fed713\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-74e78e3f\" data-id=\"74e78e3f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6301220 elementor-widget elementor-widget-image\" data-id=\"6301220\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"671\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/Pamatkapitala-palielinasana-2026.jpg\" class=\"attachment-large size-large wp-image-4461\" alt=\"Increase in share capital\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/Pamatkapitala-palielinasana-2026.jpg 940w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/Pamatkapitala-palielinasana-2026-300x251.jpg 300w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/Pamatkapitala-palielinasana-2026-768x644.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/Pamatkapitala-palielinasana-2026-14x12.jpg 14w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/Pamatkapitala-palielinasana-2026-600x503.jpg 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2d7713f elementor-widget elementor-widget-heading\" data-id=\"2d7713f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">Share capital increase 2026: How to do it?<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-367d1b1 elementor-align-center elementor-widget elementor-widget-post-info\" data-id=\"367d1b1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-c3dd86c elementor-inline-item\" itemprop=\"author\">\n\t\t\t\t\t\t<a href=\"https:\/\/uronline.lv\/en\/author\/siaexpert-lv\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"far fa-user-circle\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-author\">\n\t\t\t\t\t\t\t\t\t\turonline.lv\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-85f0f73 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t<a href=\"https:\/\/uronline.lv\/en\/2026\/03\/10\/\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-calendar\"><\/i>\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>March 10, 2026<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6081c5f7 elementor-widget elementor-widget-text-editor\" data-id=\"6081c5f7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>A share capital increase is a legal and financial process whereby the members of a company decide to increase the company's subscribed share capital beyond the original amount by contributing additional funds or assets.<\/p>\n<p>Manual to comply with changes <a href=\"https:\/\/likumi.lv\/ta\/id\/5490-komerclikums\">Commercial Law<\/a>, which enters into force on 01.01.2026.<\/p>\n<p><!-- \/wp:paragraph --><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56bd174 elementor-widget elementor-widget-image\" data-id=\"56bd174\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"768\" height=\"93\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026-768x93.jpg\" class=\"attachment-medium_large size-medium_large wp-image-4225\" alt=\"\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026-768x93.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026-300x36.jpg 300w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026-1024x123.jpg 1024w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026-18x2.jpg 18w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026-600x72.jpg 600w, https:\/\/uronline.lv\/wp-content\/uploads\/2025\/08\/komerclikums-01012026.jpg 1262w\" sizes=\"(max-width: 768px) 100vw, 768px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-e5f6d89 e-flex e-con-boxed e-con e-parent\" data-id=\"e5f6d89\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4996e25 elementor-toc--minimized-on-tablet elementor-widget elementor-widget-table-of-contents\" data-id=\"4996e25\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;headings_by_tags&quot;:[&quot;h2&quot;],&quot;exclude_headings_by_selector&quot;:[],&quot;no_headings_message&quot;:&quot;No headings were found on this page.&quot;,&quot;marker_view&quot;:&quot;numbers&quot;,&quot;minimize_box&quot;:&quot;yes&quot;,&quot;minimized_on&quot;:&quot;tablet&quot;,&quot;hierarchical_view&quot;:&quot;yes&quot;,&quot;min_height&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_tablet&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]},&quot;min_height_mobile&quot;:{&quot;unit&quot;:&quot;px&quot;,&quot;size&quot;:&quot;&quot;,&quot;sizes&quot;:[]}}\" data-widget_type=\"table-of-contents.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__header\">\n\t\t\t\t\t\t<h4 class=\"elementor-toc__header-title\">\n\t\t\t\tContents\t\t\t<\/h4>\n\t\t\t\t\t\t\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--expand\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__4996e25\" aria-expanded=\"true\" aria-label=\"Open table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n\t\t\t\t<div class=\"elementor-toc__toggle-button elementor-toc__toggle-button--collapse\" role=\"button\" tabindex=\"0\" aria-controls=\"elementor-toc__4996e25\" aria-expanded=\"true\" aria-label=\"Close table of contents\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<div id=\"elementor-toc__4996e25\" class=\"elementor-toc__body\">\n\t\t\t<div class=\"elementor-toc__spinner-container\">\n\t\t\t\t<i class=\"elementor-toc__spinner eicon-animation-spin eicon-loading\" aria-hidden=\"true\"><\/i>\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-46325fd e-flex e-con-boxed e-con e-parent\" data-id=\"46325fd\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-ae7c438 e-con-full e-flex e-con e-child\" data-id=\"ae7c438\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c2c874d elementor-widget elementor-widget-heading\" data-id=\"c2c874d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The process of increasing share capital: a 5-step checklist<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dd098d9 elementor-widget elementor-widget-text-editor\" data-id=\"dd098d9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Before you start the share capital increase process, make sure you have everything you need for a quick registration.<\/p>\n<p>The process of increasing share capital consists of several steps, including entry in the Commercial Register of the Register of Companies.\u00a0<\/p>\n<p>Below you will find the sequence of the Share Capital Increase process.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-29e7540 elementor-widget elementor-widget-heading\" data-id=\"29e7540\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Taking a decision and drawing up the terms of the capital increase<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-45376bc elementor-widget elementor-widget-text-editor\" data-id=\"45376bc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"col col-sm-9 col-md-10\">The Member or the Meeting of Members shall decide on the increase of the share capital. The terms and conditions of the share capital increase shall be drawn up and approved.<\/p>\n<p>Existing or new members subscribe to the new share capital.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d51c27f elementor-widget elementor-widget-heading\" data-id=\"d51c27f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. draw up the documents for increasing the share capital<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4081142 elementor-widget elementor-widget-text-editor\" data-id=\"4081142\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The main founding documents are<\/p><ul><li>Resolution of the Member (if single owner) or of the Meeting of Members (if several)<\/li><li>new version of the statutes<\/li><li>Compartment of the register of members<\/li><li>rules for increasing share capital<\/li><li>application form KR18<\/li><\/ul><p>Most of these model documents can be found and customised on the Register of Companies' website.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ec3cd1 elementor-widget elementor-widget-heading\" data-id=\"7ec3cd1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Payment of share capital<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9e9297b elementor-widget elementor-widget-text-editor\" data-id=\"9e9297b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\">The new shares are paid for in cash or in kind.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bf50f39 elementor-widget elementor-widget-text-editor\" data-id=\"bf50f39\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The share capital is payable in full by the time of application.<\/p>\n<p>The new shares may be paid for by a cash deposit into the company's bank account or by a contribution in kind, the value of which has been certified by a certified valuer or by the Board itself (in cases provided for by law).<\/p>\n<p>The cash contribution must be paid into a bank account or into the company's cash desk.<\/p>\n<p>For more information on the possibilities to contribute share capital -\u00a0<a href=\"https:\/\/uronline.lv\/en\/share-capital-of-sia\/\">Share capital in an LLC: Tips and Options.<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-55ebcc6 elementor-widget elementor-widget-heading\" data-id=\"55ebcc6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Electronic signing of documents<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b846ed elementor-widget elementor-widget-text-editor\" data-id=\"7b846ed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Documents must be signed with a secure electronic signature (eID card or eParaksts mobile), which is the fastest and cheapest way to start a business.<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0<\/span><\/p>\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">If a participant does not have an e-signature, signatures will have to be notarised, which will incur additional costs and time. The signatures of all founders on the application and the register of members must be simultaneous.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c0ce6cd elementor-widget elementor-widget-heading\" data-id=\"c0ce6cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">5. Submission of the LLC Incorporation Documents and Payment of the Stamp Duty<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-56a1bed elementor-widget elementor-widget-text-editor\" data-id=\"56a1bed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The application and accompanying documents must be submitted electronically via <\/span><\/strong> <a href=\"https:\/\/www.ur.gov.lv\/lv\/registre\/\">The self-service portal of the Register of Companies<\/a>.<\/p>\n<p>Upload your documents to the Register of Companies portal and pay the state fee <strong>40.00 EUR.\u00a0<\/strong><\/p>\n<div>After submission to the UR, the notary public will examine the documents within 1 -3 working days. If everything is in order, you will receive a decision on the change in the share capital.<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-76aa222 e-flex e-con-boxed e-con e-parent\" data-id=\"76aa222\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-083d808 elementor-widget elementor-widget-heading\" data-id=\"083d808\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">What is a share capital increase in a small-capital limited liability company?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-f8a9ad4 e-flex e-con-boxed e-con e-parent\" data-id=\"f8a9ad4\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-493d192 elementor-widget__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"493d192\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">A share capital increase in a small-capital LLC is a legal and financial process in which the members of the company decide to increase the company's subscribed share capital above the initial limit (EUR 1-2799) by contributing additional funds or assets.<\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-56dcebc e-flex e-con-boxed e-con e-parent\" data-id=\"56dcebc\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-357f397 elementor-widget__width-inherit elementor-widget elementor-widget-text-editor\" data-id=\"357f397\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span class=\"ng-star-inserted\">The status of a small-capital LLC is a popular way to start a business in Latvia, but as the company grows, increasing the share capital becomes an inevitable step to ensure sustainability, obtain loans or participate in tenders.In 2026, the process has become even more digitised, integrating e-signature and automated verification systems of the Register of Companies (UR).<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-f603770 e-flex e-con-boxed e-con e-parent\" data-id=\"f603770\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-436497f elementor-widget elementor-widget-heading\" data-id=\"436497f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why increase share capital?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-dfd06fa e-flex e-con-boxed e-con e-parent\" data-id=\"dfd06fa\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-07593f6 elementor-widget elementor-widget-text-editor\" data-id=\"07593f6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The main reasons for increasing the share capital are to improve the company's creditworthiness, to increase its prestige with business partners and the legal obligation to reach the full share capital (\u20ac2,800) before dividends are paid in full or the composition of the shareholders is changed.<\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c82e510 elementor-widget elementor-widget-heading\" data-id=\"c82e510\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Creditworthiness and financing<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-2f95b99 e-flex e-con-boxed e-con e-parent\" data-id=\"2f95b99\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-90510be elementor-widget elementor-widget-text-editor\" data-id=\"90510be\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Banks and non-bank lenders use improved algorithms to assess credit risk. Small-cap LLCs with share capital of \u20ac1 are often classified as high-risk entities. By increasing the share capital to at least EUR 2 800, the company demonstrates stability and the willingness of the members to take responsibility with their assets.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef2fe06 elementor-widget elementor-widget-heading\" data-id=\"ef2fe06\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Participation in procurement and tendering<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7474edd elementor-widget elementor-widget-text-editor\" data-id=\"7474edd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Many state and local government contracts, as well as large private tenders, require a certain amount of share capital. In an economic environment dominated by security and reliability, the status of a \"full capital\" LLC is the ticket to serious projects.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b54c861 elementor-widget elementor-widget-heading\" data-id=\"b54c861\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Commercial law requirements<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e6f3c5e elementor-widget elementor-widget-text-editor\" data-id=\"e6f3c5e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\">In 2026, the condition still applies: at least 25% of profits must be allocated to the mandatory reserve each year until the full share capital or reserves are reached and the share capital amounts to EUR 2,800.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-34f66c6 elementor-widget elementor-widget-heading\" data-id=\"34f66c6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Extraordinary dividends<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81a27e3 elementor-widget elementor-widget-text-editor\" data-id=\"81a27e3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Extraordinary dividends. According to <a href=\"https:\/\/likumi.lv\/ta\/id\/5490-komerclikums\" target=\"_blank\" rel=\"noopener\">For the Commercial Code<\/a> for a limited liability company, dividends are determined and paid in accordance with a resolution of the members' meeting. The members of the company may decide on the payment of dividends every 3 months after the payment of the previous dividend. It should be noted that the LLC must not have tax debts and the Company may pay out in extraordinary dividends not more than 85 per cent of the profits made in the period for which the extraordinary dividend is determined.<\/p>\n<p><strong>The payment of extraordinary dividends could be a major relief for service providers or micro-businesses, where under certain conditions no salary can be paid.<\/strong><\/p>\n<p>The corporation tax (CIT) on dividend payments is 20%.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Extraordinary dividends are prohibited in a small-capital LLC.<\/strong><\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-671233d e-flex e-con-boxed e-con e-parent\" data-id=\"671233d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ee748b0 elementor-widget elementor-widget-heading\" data-id=\"ee748b0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Types of share capital increase<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0277610 elementor-widget elementor-widget-text-editor\" data-id=\"0277610\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Companies can increase their share capital in two ways: by a cash contribution to the company's bank account, or by a pecuniary contribution of valuable assets (machinery, real estate, intellectual property) to the company.<\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a5141e0 elementor-widget elementor-widget-heading\" data-id=\"a5141e0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Cash contribution<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d0a9741 elementor-widget elementor-widget-text-editor\" data-id=\"d0a9741\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">This is the simplest and most commonly used way. Members pay cash or transfer money to an LLC account.<\/span><\/p>\n<ul class=\"ng-star-inserted\">\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Advantage:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0No valuation of the financial contribution is required.<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Process:<\/span><\/strong><span class=\"ng-star-inserted\"> Contribution -&gt; UR application.<\/span><\/p>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\u00a0<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ce8225f elementor-widget elementor-widget-heading\" data-id=\"ce8225f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Material contribution<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b8ce2c7 elementor-widget elementor-widget-text-editor\" data-id=\"b8ce2c7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">If the share capital is increased by assets, their value must be confirmed.<\/span><\/p>\n<p>The founders may provide an opinion on the valuation of the contribution.<\/p>\n<p>If the total value of the pecuniary contribution does not exceed EUR 25 000 and the pecuniary contribution together amounts to less than half of the company's share capital, the founders may value the pecuniary contribution and give their opinion.<\/p>\n<p>In other cases, the Material Contribution shall be valued and an opinion given by a person included in <a href=\"https:\/\/www.ur.gov.lv\/lv\/specializeta-informacija\/registre-mantiska-ieguldijuma-vertetaju\/mantiska-ieguldijuma-vertetaju-saraksts\/\" target=\"_blank\" rel=\"noopener\">on the list of valuers of property investments.<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-16e6e6a e-flex e-con-boxed e-con e-parent\" data-id=\"16e6e6a\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-ed1a47c e-con-full e-flex e-con e-child\" data-id=\"ed1a47c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-220ca69 elementor-widget elementor-widget-heading\" data-id=\"220ca69\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">When is there an obligation to increase the share capital of a Small Cap Ltd?<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-67bcbf9 e-con-full e-flex e-con e-child\" data-id=\"67bcbf9\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0a0ced6 elementor-widget elementor-widget-text-editor\" data-id=\"0a0ced6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Although a small-capital LLC (with share capital between \u20ac1 and \u20ac2,799) can operate for a long time, the law lays down certain conditions that gradually move the company towards full capital.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-9e20795 e-con-full e-flex e-con e-child\" data-id=\"9e20795\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b240159 elementor-widget elementor-widget-text-editor\" data-id=\"b240159\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The obligation to increase the share capital of a small-capital LLC to the standard amount (at least EUR 2,800) arises when the company no longer meets the characteristics of a small-capital company set out in the Commercial Code or when the members wish to pay dividends without complying with the mandatory reserve accumulation conditions.<\/span><\/strong><\/p><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">A small-capital LLC (limited liability company with reduced share capital) is a flexible format for starting a business, but the Commercial Companies Code provides for specific situations in which an increase in share capital becomes a mandatory legal requirement.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-bb32a49 e-con-full e-flex e-con e-child\" data-id=\"bb32a49\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-13068d6 e-con-full e-flex e-con e-child\" data-id=\"13068d6\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-89adf2f elementor-widget elementor-widget-heading\" data-id=\"89adf2f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Main conditions for increasing share capital:<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4d91e89 elementor-widget elementor-widget-text-editor\" data-id=\"4d91e89\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\">\u00a0<\/p><ol class=\"ng-star-inserted\"><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Failure to meet the criteria for a small-capital LLC:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0The company is obliged to increase its share capital to EUR 2,800 if any of the following circumstances occur:<\/span><\/p><ul class=\"ng-star-inserted\"><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Change in membership:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0A legal person becomes a member.<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Increase in the number of participants:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0The number of members exceeds five natural persons.<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Board changes:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0A person who is not a member of the company becomes a member of the Management Board.<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Participation in another small-capital enterprise:<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0A member becomes the sole owner of another small-capital LLC.<\/span><\/p><\/li><\/ul><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Distribution of profits and payment of dividends:<\/span><\/strong><br class=\"ng-star-inserted\" \/><span class=\"ng-star-inserted\">Small-cap LLCs are required to build up a minimum reserve of at least 25% of net profits each year. If the company wishes to pay dividends but the accumulated minimum reserve and the paid-up share capital together do not amount to EUR 2 800, the company must first provide for a capital increase. The most practical solution in such a situation is to increase the share capital by capitalising the accumulated reserve.<\/span><\/p><\/li><\/ol>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-9e28bfa e-con-full e-flex e-con e-child\" data-id=\"9e28bfa\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-4c0e398 elementor-widget elementor-widget-heading\" data-id=\"4c0e398\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Rules for small-capital LLCs (share capital below \u20ac2800)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-024b8d2 e-con-full e-flex e-con e-child\" data-id=\"024b8d2\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-5e80097 elementor-widget elementor-widget-text-editor\" data-id=\"5e80097\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Limited companies with a share capital of less than \u20ac2,800 have a legal obligation to accumulate a share of profits each year to strengthen the company's financial stability.<\/span><\/strong><br class=\"ng-star-inserted\" \/><span class=\"ng-star-inserted\">These rules are designed as a safety net: because the company's initial capital is small, the State requires it to gradually \"grow\" its safety cushion.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-13638c4 e-con-full e-flex e-con e-child\" data-id=\"13638c4\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-066bb1b elementor-widget elementor-widget-heading\" data-id=\"066bb1b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">1. Mandatory reserve: building a cushion<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-2a0e8c4 e-con-full e-flex e-con e-child\" data-id=\"2a0e8c4\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-8cc534f elementor-widget elementor-widget-text-editor\" data-id=\"8cc534f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Each year, the company must \"set aside\" at least 25% of its net profit, including it in the mandatory reserve.<\/span><\/strong><br class=\"ng-star-inserted\" \/><span class=\"ng-star-inserted\">If your Ltd has made money during the year, you can't spend it all at once or pay it to yourself. A quarter of the profits should be kept in a company account as a non-touchable provision until the company is financially stronger.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-1b09a1e e-con-full e-flex e-con e-child\" data-id=\"1b09a1e\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-17d8bd2 elementor-widget elementor-widget-heading\" data-id=\"17d8bd2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">2. Using the reserve: where can I spend the money I have saved?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-b552a70 e-con-full e-flex e-con e-child\" data-id=\"b552a70\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f894d72 elementor-widget elementor-widget-text-editor\" data-id=\"f894d72\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The statutory reserve may be used for two purposes only: to increase share capital or to cover unexpected losses.<\/span><\/strong><br class=\"ng-star-inserted\" \/><span class=\"ng-star-inserted\">This money is not for everyday spending or bonuses. It should only be touched if:<\/span><\/p>\n<ul class=\"ng-star-inserted\">\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">You want to increase your company's share capital (e.g. to reach the full \u20ac2,800).<\/span><\/p>\n<\/li>\n<li class=\"ng-star-inserted\">\n<p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The company has incurred losses that cannot be covered from other sources.<\/span><br class=\"ng-star-inserted\" \/><span class=\"ng-star-inserted\">The use of this money is always decided by the owners (members) of the company in a meeting.<\/span><\/p>\n<\/li>\n<\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-8dfbc30 e-con-full e-flex e-con e-child\" data-id=\"8dfbc30\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c20fd66 elementor-widget elementor-widget-heading\" data-id=\"c20fd66\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">3. Board's responsibility: clarity on the distribution of money<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-aca3802 e-con-full e-flex e-con e-child\" data-id=\"aca3802\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0a6c53b elementor-widget elementor-widget-text-editor\" data-id=\"0a6c53b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">When preparing the annual report, the Board must specify exactly how much of the profit will go into the minimum reserve.<\/span><\/strong><br class=\"ng-star-inserted\" \/><span class=\"ng-star-inserted\">The Board cannot simply distribute profits in silence. The documents must clearly show: \"This amount is being allocated to savings because it is required by law.\" This helps owners and creditors understand the true financial position of the company.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-c33c13f e-con-full e-flex e-con e-child\" data-id=\"c33c13f\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2f54d87 elementor-widget elementor-widget-heading\" data-id=\"2f54d87\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">4. Dividends: how much can the owner withdraw in cash?<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-e57e325 e-con-full e-flex e-con e-child\" data-id=\"e57e325\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-d20fdeb elementor-widget elementor-widget-text-editor\" data-id=\"d20fdeb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Owners may only receive as dividends the portion of profits left over after 25%'s contribution to the minimum reserve.<\/span><\/strong><br class=\"ng-star-inserted\" \/><span class=\"ng-star-inserted\">A simple example: if a company earns \u20ac1,000, at least \u20ac250 must be kept in reserve. Owners can pocket a maximum of \u20ac750 as dividends. The law prohibits the payment of all profits if the company's capital has not yet been consolidated.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-5f1f12d e-flex e-con-boxed e-con e-parent\" data-id=\"5f1f12d\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-7338b23 elementor-widget elementor-widget-heading\" data-id=\"7338b23\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Share capital increase documents<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1c493a3 elementor-widget elementor-widget-text-editor\" data-id=\"1c493a3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Below you will find the necessary documents for a share capital increase.<\/p>\n<p>Sample documents can be found at <a href=\"https:\/\/www.ur.gov.lv\/lv\/\">On the website of the Register of Companies<\/a>.\u00a0<\/p>\n<p>Completing and submitting documents accurately requires specific knowledge and expertise.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4bd7b54 elementor-widget elementor-widget-heading\" data-id=\"4bd7b54\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Documents for share capital increase (list)<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-11fc844 e-con-full e-flex e-con e-child\" data-id=\"11fc844\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e0ccb71 elementor-widget elementor-widget-accordion\" data-id=\"e0ccb71\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2351\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-2351\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Resolution of the Member (if single owner) or of the Meeting of Members (if several)<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2351\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-2351\"><p><img decoding=\"async\" class=\"alignnone wp-image-4489 size-full\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieka-lemums.jpg\" alt=\"participant&#039;s decision\" width=\"750\" height=\"974\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieka-lemums.jpg 750w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieka-lemums-231x300.jpg 231w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieka-lemums-9x12.jpg 9w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieka-lemums-600x779.jpg 600w\" sizes=\"(max-width: 750px) 100vw, 750px\" \/><\/p><p>The minutes of the meeting of members or a resolution resolving on the increase of the share capital, containing the terms of the increase of the share capital and amending the statutes.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2352\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-2352\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">New version of the Statutes<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2352\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-2352\"><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4323 size-large\" title=\"Articles of association of the company SIA\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/uznemuma-SIA-statuti-884x1024.jpg\" alt=\"Articles of association of the company SIA\" width=\"800\" height=\"927\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/uznemuma-SIA-statuti-884x1024.jpg 884w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/uznemuma-SIA-statuti-259x300.jpg 259w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/uznemuma-SIA-statuti-768x890.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/uznemuma-SIA-statuti-10x12.jpg 10w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/uznemuma-SIA-statuti-600x695.jpg 600w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/uznemuma-SIA-statuti.jpg 1024w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p><p>The statutes lay down the main principles governing the company's activities.<\/p><p>The Statutes shall be signed by the Management Board and by the persons who signed the minutes of the meeting of members or the resolution amending the Statutes.<\/p><p>The statutes should only contain rules and should not include, for example, the registered office, the specific persons who are members and officers, or the distribution of members' shares.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2353\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-2353\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Compartment of the register of members<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2353\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-2353\"><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4324 size-large\" title=\"Compartment of the register of members\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieku-registra-nodalijums-1024x603.jpg\" alt=\"Compartment of the register of members\" width=\"800\" height=\"471\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieku-registra-nodalijums-1024x603.jpg 1024w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieku-registra-nodalijums-300x177.jpg 300w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieku-registra-nodalijums-768x453.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieku-registra-nodalijums-1536x905.jpg 1536w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieku-registra-nodalijums-2048x1207.jpg 2048w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieku-registra-nodalijums-18x12.jpg 18w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieku-registra-nodalijums-1320x778.jpg 1320w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/dalibnieku-registra-nodalijums-600x354.jpg 600w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/p><p>The register of members is a document showing the full composition of the members and the distribution of shares. It shall be signed by the Chairman of the Board or by a member of the Board on the basis of a mandate signed by all the members of the Board.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2354\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-2354\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Rules for increasing share capital<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2354\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-2354\"><p>\u00a0<\/p><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4490 size-large\" title=\"rules for increasing share capital\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/pamatkapitala-palielinasanas-noteikumi-781x1024.jpg\" alt=\"rules for increasing share capital\" width=\"781\" height=\"1024\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/pamatkapitala-palielinasanas-noteikumi-781x1024.jpg 781w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/pamatkapitala-palielinasanas-noteikumi-229x300.jpg 229w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/pamatkapitala-palielinasanas-noteikumi-768x1006.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/pamatkapitala-palielinasanas-noteikumi-9x12.jpg 9w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/pamatkapitala-palielinasanas-noteikumi-600x786.jpg 600w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/03\/pamatkapitala-palielinasanas-noteikumi.jpg 960w\" sizes=\"(max-width: 781px) 100vw, 781px\" \/><\/p><p>The terms of the share capital increase are signed by the Management Board.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<div id=\"elementor-tab-title-2355\" class=\"elementor-tab-title\" data-tab=\"5\" role=\"button\" aria-controls=\"elementor-tab-content-2355\" aria-expanded=\"false\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">Application form KR18<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<div id=\"elementor-tab-content-2355\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"region\" aria-labelledby=\"elementor-tab-title-2355\"><p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-4210 size-large\" title=\"KR18 form\" src=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR18-714x1024.jpg\" alt=\"KR18\" width=\"714\" height=\"1024\" srcset=\"https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR18-714x1024.jpg 714w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR18-209x300.jpg 209w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR18-768x1102.jpg 768w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR18-8x12.jpg 8w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR18-600x861.jpg 600w, https:\/\/uronline.lv\/wp-content\/uploads\/2026\/02\/KR18.jpg 842w\" sizes=\"(max-width: 714px) 100vw, 714px\" \/><\/p><p>The application form is signed by the Board or a member of the Board.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c204def elementor-widget elementor-widget-text-editor\" data-id=\"c204def\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>In the cases provided for by law, the application for registration of changes may be sent to the State Revenue Service for examination. Read more\u00a0<a href=\"https:\/\/www.ur.gov.lv\/lv\/par-uznemumu-registra-sanemto-pieteikumu-izvertesanu-valsts-ienemumu-dienesta\/\">On the assessment of applications received by the State Revenue Service in the Register of Enterprises<\/a>.<\/p>\n<p>Documents must be completed in Latvian.<\/p>\n<p>Deadline for submitting documents to the Register of Companies: not set.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-455678b e-flex e-con-boxed e-con e-parent\" data-id=\"455678b\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a6b9019 elementor-widget elementor-widget-heading\" data-id=\"a6b9019\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Registration costs of share capital increase<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-7e5dcd9 e-flex e-con-boxed e-con e-parent\" data-id=\"7e5dcd9\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2c6ef82 elementor-widget elementor-widget-text-editor\" data-id=\"2c6ef82\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The registration costs of share capital increases in Latvia are mainly state fees. The use of e-signatures is generally free of charge.<\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-df3b5dd e-flex e-con-boxed e-con e-parent\" data-id=\"df3b5dd\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0b2f948 elementor-widget elementor-widget-heading\" data-id=\"0b2f948\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Stamp duty.<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-942912e elementor-widget elementor-widget-text-editor\" data-id=\"942912e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ul><li>State fee for registration of share capital increase - 40EUR<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-81d03e1 elementor-widget elementor-widget-text-editor\" data-id=\"81d03e1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Submission of documents and payment of the stamp duty <a href=\"https:\/\/www.ur.gov.lv\/lv\/registre\/\">On the Companies Register platform<\/a>.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-15077f3 elementor-widget elementor-widget-heading\" data-id=\"15077f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Preparation and submission of documents for share capital increase.<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ef36d75 elementor-widget elementor-widget-text-editor\" data-id=\"ef36d75\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The cost of preparing the documents for registration in the Register of Entrepreneurs usually ranges from EUR 25 to EUR 120, depending on the price of the service provider and the number of documents to be prepared.<\/p><p>What's included in URonline <a href=\"https:\/\/uronline.lv\/en\/product\/increase-in-share-capital\/\">In the share capital increase service<\/a>?<\/p><ul><li><strong>Completed e-documents package for registration in the Register of Companies<\/strong>A: To ensure legal transparency and legality, all required documents must be completed and submitted to the Companies Registry<\/li><li><strong>Free consultation.\u00a0<\/strong>We provide a personalised approach to each of our clients. Our experience and expertise will help you overcome obstacles and reach your goal with confidence<\/li><li>Free corrections to documents if needed<\/li><li>Adapted statutes\u00a0<a href=\"https:\/\/uronline.lv\/en\/arkart-dividends\/\" target=\"_blank\" rel=\"noopener\">extraordinary dividend<\/a>\u00a0the possibility of a payout<\/li><li>Faster processing -\u00a0<a href=\"https:\/\/uronline.lv\/en\/product\/ur\/\" target=\"_blank\" rel=\"noopener\">UR can assess documents within 1 working day<\/a><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-3e88ba5 e-con-full e-flex e-con e-parent\" data-id=\"3e88ba5\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t<div class=\"elementor-element elementor-element-c88c303 elementor-widget elementor-widget-heading\" data-id=\"c88c303\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Registration of share capital increase with the Register of Companies<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e5805a2 elementor-widget elementor-widget-text-editor\" data-id=\"e5805a2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Paper filing with the Register of Companies is a thing of the past. <strong>Documents are no longer accepted in person.<\/strong><\/p>\n<p>However, if you want to file on paper, you have to pay for an expensive notary and send the documents by post.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-6aa65a5 e-flex e-con-boxed e-con e-child\" data-id=\"6aa65a5\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-dfec93e elementor-widget elementor-widget-text-editor\" data-id=\"dfec93e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Registration of an increase in share capital with the Register of Enterprises is an official process for obtaining the status of a legal entity, which takes place electronically on the registrs.ur.gov.lv portal by submitting at least signed documents and paying the state fee.<\/span><\/strong><\/p><p>The Application for an increase of the share capital and the accompanying documents may be submitted by the owners, the board of directors or an authorised person.<\/p><p><strong>In the e-service.<\/strong><br \/>Documents must be submitted <a href=\"https:\/\/www.ur.gov.lv\/lv\/\">Register of companies<\/a> on the services portal.<br \/>Documents must be signed with an eSignature on a smart card (eID or eSignature card) or on the eParaksts mobile portal <a href=\"https:\/\/www.eparaksts.lv\/lv\/\">www.eparaksts.lv<\/a><br \/>Get your answer via an e-service or e-address.<\/p><p><strong>Send electronically signed documents <a href=\"https:\/\/latvija.gov.lv\/Content\/Eadrese\">e-adres\u0113<\/a> or by email to the Register of Companies.\u00a0<\/strong><\/p><p>an email address is a more secure channel of communication between an individual and the state than email.<\/p><p><strong>By post.<\/strong><br \/>Signed documents can be sent to the Register of Companies by post.<br \/>The payment order for the stamp duty must be enclosed in the consignment. Please note that only notarised documents can be sent this way, which significantly increases the cost of registering the company.<\/p><p>Authentication of signature and capacity to act on applications and requests to public registers (e.g. Land Registry, Commercial Register) - \u20ac23.<\/p><p>In addition, there are fees for data checks, VAT, stamp duty, translation and actual costs.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2640b09 elementor-widget elementor-widget-text-editor\" data-id=\"2640b09\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>The application usually takes three working days to process, but an accelerated process (one working day) is also available for an additional fee.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-eea9a36 e-flex e-con-boxed e-con e-parent\" data-id=\"eea9a36\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-0cddb1e elementor-widget elementor-widget-heading\" data-id=\"0cddb1e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently asked questions (FAQ)<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-8415dbf e-flex e-con-boxed e-con e-parent\" data-id=\"8415dbf\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f47e84c elementor-widget elementor-widget-eael-adv-accordion\" data-id=\"f47e84c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-adv-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t            <div class=\"eael-adv-accordion\" id=\"eael-adv-accordion-f47e84c\" data-scroll-on-click=\"no\" data-scroll-speed=\"300\" data-accordion-id=\"f47e84c\" data-accordion-type=\"accordion\" data-toogle-speed=\"300\">\n            <div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"vai-mazkapitla-sia-ir-obligti-jpalielina-pamatkapitls-ldz-2800-eur\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"1\" aria-controls=\"elementor-tab-content-2561\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Is it compulsory to increase the share capital of a small-capital LLC to EUR 2800?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2561\" class=\"eael-accordion-content clearfix\" data-tab=\"1\" aria-labelledby=\"vai-mazkapitla-sia-ir-obligti-jpalielina-pamatkapitls-ldz-2800-eur\"><p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">No, the law does not set a specific deadline for the share capital to reach the EUR 2,800 threshold, but it is a prerequisite for full dividend payment and change of status.<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0As long as the share capital is less than \u20ac2,800, the company is obliged to build up a minimum reserve from profits each year.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kdas-ir-galvens-priekrocbas-pamatkapitla-palielinanai\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"2\" aria-controls=\"elementor-tab-content-2562\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What are the main advantages of increasing share capital?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2562\" class=\"eael-accordion-content clearfix\" data-tab=\"2\" aria-labelledby=\"kdas-ir-galvens-priekrocbas-pamatkapitla-palielinanai\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The main advantages are improved creditworthiness of the company with banks, greater credibility with business partners and the right to dispose more freely of the company's profits.<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0Increased share capital serves as a guarantee of financial stability, which is particularly important when bidding for public tenders or seeking investment.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"cik-ilgu-laiku-aizem-jauna-pamatkapitla-reistrcija-uzmumu-reistr\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"3\" aria-controls=\"elementor-tab-content-2563\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">How long does it take to register a new share capital with the Register of Companies?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2563\" class=\"eael-accordion-content clearfix\" data-tab=\"3\" aria-labelledby=\"cik-ilgu-laiku-aizem-jauna-pamatkapitla-reistrcija-uzmumu-reistr\"><p class=\"ng-star-inserted\">After submitting all the necessary documents to the Register of Enterprises, the notary public examines them within one to three working days on average. The process may take longer if errors or omissions are found in the documents.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kdas-ir-bieks-kdas-iesniedzot-dokumentus-uzmumu-reistram\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"4\" aria-controls=\"elementor-tab-content-2564\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What are the most common mistakes when submitting documents to the Register of Companies?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2564\" class=\"eael-accordion-content clearfix\" data-tab=\"4\" aria-labelledby=\"kdas-ir-bieks-kdas-iesniedzot-dokumentus-uzmumu-reistram\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The most common problems that can cause the Register of Companies to delay or refuse registration are:<\/span><\/p><ul class=\"ng-star-inserted\"><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Incorrect application form (KR4).<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">One of the required documents is missing, such as the consent of a board member.<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Documents are not signed with a secure electronic signature (eSignature) or not notarised (if sent by post).<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">No payment of the stamp duty or proof of payment.<\/span><\/p><\/li><li class=\"ng-star-inserted\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The legal address does not have an accurate cadastral designation or there is doubt about the legal basis for its use.<\/span><\/p><\/li><\/ul><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"vai-man-ir-nepiecieams-jurists-lai-palielintu-pamatkapitlu\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"5\" aria-controls=\"elementor-tab-content-2565\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Do I need a lawyer to increase my share capital?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2565\" class=\"eael-accordion-content clearfix\" data-tab=\"5\" aria-labelledby=\"vai-man-ir-nepiecieams-jurists-lai-palielintu-pamatkapitlu\"><p>Although not required by law, the use of a lawyer or other specialist is recommended. Specific knowledge is needed to prepare and submit documents accurately. Errors in the documents may cause delays in the registration process or even refusal by the Register of Enterprises.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"vai-pamatkapitlu-var-palielint-izmantojot-mantisko-ieguldjumu\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"6\" aria-controls=\"elementor-tab-content-2566\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Can share capital be increased by means of a contribution in kind?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2566\" class=\"eael-accordion-content clearfix\" data-tab=\"6\" aria-labelledby=\"vai-pamatkapitlu-var-palielint-izmantojot-mantisko-ieguldjumu\"><p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Yes, share capital can be increased by a pecuniary contribution (e.g. equipment or immovable property) if this is provided for in the terms of the share capital increase.<\/span><\/strong><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kda-ir-atirba-starp-pilnkapitla-un-mazkapitla-sia\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"7\" aria-controls=\"elementor-tab-content-2567\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What is the difference between a full-capital and a small-capital LLC?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2567\" class=\"eael-accordion-content clearfix\" data-tab=\"7\" aria-labelledby=\"kda-ir-atirba-starp-pilnkapitla-un-mazkapitla-sia\"><p class=\"ng-star-inserted\">he main difference is the size of the share capital. The share capital of a full-capital limited liability company must be at least \u20ac2,800, while that of a small-capital limited liability company can be, for example, \u20ac1. A general partnership has several advantages, such as greater credibility in the business environment, the possibility to pay extraordinary dividends and the possibility for one person to own several such companies.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kas-ir-labk-alga-vai-dividendes\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"8\" aria-controls=\"elementor-tab-content-2568\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Which is better - salary or dividends?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2568\" class=\"eael-accordion-content clearfix\" data-tab=\"8\" aria-labelledby=\"kas-ir-labk-alga-vai-dividendes\"><p>It depends on the situation. If a company has only one shareholder, who is also the sole member of the board, and a monthly turnover of less than five minimum salaries (\u20ac3,700 in 2025), he may not receive a salary and may pay out the profits in dividends. In this case, the tax burden is lower (only 20% UIT) compared to payroll taxes. However, it should be borne in mind that no social contributions are payable in the absence of a salary.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kdi-dokumenti-jiesniedz-uzmumu-reistram-ur\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"9\" aria-controls=\"elementor-tab-content-2569\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What documents must be submitted to the Register of Companies (RoC)?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2569\" class=\"eael-accordion-content clearfix\" data-tab=\"9\" aria-labelledby=\"kdi-dokumenti-jiesniedz-uzmumu-reistram-ur\"><p class=\"ng-star-inserted\"><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The application (Form 18), the minutes of the members' meeting, the terms of the share capital increase, the new version of the statutes and the current entry in the register of members must be submitted to the Registry Office.<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0All documents in 2026 must be signed with a secure electronic signature and submitted electronically.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"k-es-varu-pierdt-ka-pamatkapitls-ir-apmaksts\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"10\" aria-controls=\"elementor-tab-content-25610\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">How can I prove that the share capital has been paid up?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-25610\" class=\"eael-accordion-content clearfix\" data-tab=\"10\" aria-labelledby=\"k-es-varu-pierdt-ka-pamatkapitls-ir-apmaksts\"><p>If the share capital is paid up in cash and the amount does not exceed EUR 50 000, a separate certificate from the bank or payment institution need not be submitted to the Register of Companies. The founders must certify in the application form KR4 that a temporary account has been opened in the name of the company to be incorporated and that the share capital has been paid into it.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"cik-ilg-laik-pc-lmuma-pieemanas-jveic-pamatkapitla-apmaksa\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"11\" aria-controls=\"elementor-tab-content-25611\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">How long after the decision is taken must the share capital be paid up?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-25611\" class=\"eael-accordion-content clearfix\" data-tab=\"11\" aria-labelledby=\"cik-ilg-laik-pc-lmuma-pieemanas-jveic-pamatkapitla-apmaksa\"><p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Payment of the share capital shall be made within the time limit laid down in the terms and conditions for increasing the share capital, but not later than six months from the date on which the decision to increase the share capital is taken.<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0The documents on the increase of the share capital must be submitted to the Registry Office only after all the new shares have been fully paid up.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"vai-pamatkapitla-palielinanai-nepiecieams-notra-apstiprinjums\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"12\" aria-controls=\"elementor-tab-content-25612\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Does an increase in share capital require notarial approval?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-25612\" class=\"eael-accordion-content clearfix\" data-tab=\"12\" aria-labelledby=\"vai-pamatkapitla-palielinanai-nepiecieams-notra-apstiprinjums\"><p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">No, the presence of a notary is not required if the documents are signed with a secure electronic signature (eParaksts or eParaksts mobile).<\/span><\/strong><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kas-notiek-ar-obligto-rezervi-kad-pamatkapitls-sasniedz-2800-eur\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"13\" aria-controls=\"elementor-tab-content-25613\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">What happens to the \"minimum reserve\" when the share capital reaches EUR 2,800?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-25613\" class=\"eael-accordion-content clearfix\" data-tab=\"13\" aria-labelledby=\"kas-notiek-ar-obligto-rezervi-kad-pamatkapitls-sasniedz-2800-eur\"><p><strong class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">When the share capital is increased to EUR 2,800, the accumulated minimum reserve can be used to increase the share capital or to cover losses.<\/span><\/strong><span class=\"ng-star-inserted\">\u00a0Once the share capital is fully paid up, the obligation to deduct 25% from the profit reserve each year no longer applies.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"-kas-notiek-ja-nepalielina-pamatkapitlu\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"14\" aria-controls=\"elementor-tab-content-25614\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\"> What happens if the share capital is not increased?<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-25614\" class=\"eael-accordion-content clearfix\" data-tab=\"14\" aria-labelledby=\"-kas-notiek-ja-nepalielina-pamatkapitlu\"><p>The company can continue to operate as a small-capital LLC indefinitely, provided the conditions are met (natural persons on the board, etc.) and a reserve is built up each year from the profits.<\/p><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-9c0eef8 e-flex e-con-boxed e-con e-parent\" data-id=\"9c0eef8\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bd76d15 elementor-widget elementor-widget-heading\" data-id=\"bd76d15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Common mistakes and problems<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-afd2c7a e-flex e-con-boxed e-con e-parent\" data-id=\"afd2c7a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-13a835c elementor-widget elementor-widget-eael-adv-accordion\" data-id=\"13a835c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"eael-adv-accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t            <div class=\"eael-adv-accordion\" id=\"eael-adv-accordion-13a835c\" data-scroll-on-click=\"no\" data-scroll-speed=\"300\" data-accordion-id=\"13a835c\" data-accordion-type=\"accordion\" data-toogle-speed=\"300\">\n            <div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nepilngi-vai-kdaini-sagatavoti-dokumenti\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"1\" aria-controls=\"elementor-tab-content-2061\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Incomplete or incorrect documents<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2061\" class=\"eael-accordion-content clearfix\" data-tab=\"1\" aria-labelledby=\"nepilngi-vai-kdaini-sagatavoti-dokumenti\"><p>Mistakes often occur when the type of company is incorrectly reflected in various documents or when the cadastral designation of the registered office is incorrect.<\/p>\n<p><span class=\"ng-star-inserted\">The Register of Companies may refuse registration if the documents submitted do not comply with the requirements of the regulatory enactments or if the information contained therein is unclear. <\/span><span class=\"ng-star-inserted\">Often not all the required sections are filled in or there are inconsistencies between different documents (e.g. the memorandum and articles of association).<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kdas-uzmuma-nosaukuma-izvl\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"2\" aria-controls=\"elementor-tab-content-2062\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Mistakes in choosing a company name<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2062\" class=\"eael-accordion-content clearfix\" data-tab=\"2\" aria-labelledby=\"kdas-uzmuma-nosaukuma-izvl\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">The name of the company must be unique - it must not be the same as a name already registered or applied for registration.<\/span><span class=\"ng-star-inserted\">\u00a0The name must also not be misleading or contrary to good morals. Often founders do not check the availability of a name or try to register a name that is very similar to an existing one.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"problmas-ar-juridisko-adresi\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"3\" aria-controls=\"elementor-tab-content-2063\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Problems with your legal address<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2063\" class=\"eael-accordion-content clearfix\" data-tab=\"3\" aria-labelledby=\"problmas-ar-juridisko-adresi\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Registration requires a registered office. Problems arise if the address does not correspond to the National Address Register or if the property owner's consent has not been obtained.<\/span><span class=\"ng-star-inserted\"> If the property has several owners, the consent of all is required.<\/span><span class=\"ng-star-inserted\"> Sometimes an address is given where it is not actually possible to receive correspondence, which can cause problems with public authorities in the future.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"neskaidrbas-ar-pamatkapitla-iemaksu\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"4\" aria-controls=\"elementor-tab-content-2064\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Uncertainties with the share capital contribution<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2064\" class=\"eael-accordion-content clearfix\" data-tab=\"4\" aria-labelledby=\"neskaidrbas-ar-pamatkapitla-iemaksu\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">For the establishment of a full-fledged LLC (with share capital above EUR 2,800), you need to open a temporary bank account and make a share capital contribution before submitting the documents to the Register of Companies.<\/span><span class=\"ng-star-inserted\">\u00a0Errors occur when the contribution is not made in full or by someone other than the founder.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nav-nordti-patiesie-labuma-guvji-plg\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"5\" aria-controls=\"elementor-tab-content-2065\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">No Beneficiaries (PLG)<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2065\" class=\"eael-accordion-content clearfix\" data-tab=\"5\" aria-labelledby=\"nav-nordti-patiesie-labuma-guvji-plg\"><p>The law requires disclosure of information about the beneficial owners of the company - natural persons who directly or indirectly control the company. Failure to provide this information or providing false information is grounds for refusal of registration.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"kdas-stattu-sagatavoan\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"6\" aria-controls=\"elementor-tab-content-2066\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Errors in the preparation of the statutes<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2066\" class=\"eael-accordion-content clearfix\" data-tab=\"6\" aria-labelledby=\"kdas-stattu-sagatavoan\"><p><span class=\"ng-star-inserted\">The articles of association must contain certain details, such as the company's name, the amount of share capital and the number of board members.<\/span><span class=\"ng-star-inserted\">\u00a0No details of the founders or registered office may be given, as this information may change and is recorded in other documents.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nepareizs-dokumentu-formts\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"7\" aria-controls=\"elementor-tab-content-2067\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Incorrect document format<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2067\" class=\"eael-accordion-content clearfix\" data-tab=\"7\" aria-labelledby=\"nepareizs-dokumentu-formts\"><p class=\"ng-star-inserted\">Make sure the documents are in the correct format.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"neatbilstos-e-paraksts\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"8\" aria-controls=\"elementor-tab-content-2068\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Inadequate e-signature<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2068\" class=\"eael-accordion-content clearfix\" data-tab=\"8\" aria-labelledby=\"neatbilstos-e-paraksts\"><p>Documents must be signed with a secure electronic signature and time stamp.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nepareizi-samaksta-valsts-nodeva\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"9\" aria-controls=\"elementor-tab-content-2069\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Incorrect payment of stamp duty<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-2069\" class=\"eael-accordion-content clearfix\" data-tab=\"9\" aria-labelledby=\"nepareizi-samaksta-valsts-nodeva\"><p class=\"ng-star-inserted\"><span class=\"ng-star-inserted\">Before submitting the documents, you must make sure that the amount of the stamp duty is correct and that you have paid it.<\/span><span class=\"ng-star-inserted\"> Any incorrect or overpaid amount can be recovered by applying to the Companies Registry.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"uzmumu-reistrs-ir-konstatjis-kdu-iesniegtajos-dokumentos\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"10\" aria-controls=\"elementor-tab-content-20610\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">The Registrar of Companies has detected an error in the documents submitted<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-20610\" class=\"eael-accordion-content clearfix\" data-tab=\"10\" aria-labelledby=\"uzmumu-reistrs-ir-konstatjis-kdu-iesniegtajos-dokumentos\"><p><span class=\"ng-star-inserted\">If the UR finds an error, the notary public postpones the decision for up to 30 days, pointing out the deficiencies.<\/span><span class=\"ng-star-inserted\"> It is important to react promptly to such decisions and make the necessary corrections so that the registration process is not delayed and stamp duty is not lost.<\/span><\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"valdes-loceku-iecelanas-ierobeojumi\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"11\" aria-controls=\"elementor-tab-content-20611\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Restrictions on the appointment of members of the Management Board<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-20611\" class=\"eael-accordion-content clearfix\" data-tab=\"11\" aria-labelledby=\"valdes-loceku-iecelanas-ierobeojumi\"><p>A person who has been disqualified from exercising commercial activity by a court judgment or who is included in the SRS list of persons at risk cannot be appointed as a member of the Management Board. Similarly, a member of the Supervisory Board of the same company may not be a member of the Management Board.<\/p><\/div>\n\t\t\t\t\t<\/div><div class=\"eael-accordion-list\">\n\t\t\t\t\t<div id=\"nepareiza-valdes-prstvbas-tiesbu-noteikana\" class=\"elementor-tab-title eael-accordion-header\" tabindex=\"0\" data-tab=\"12\" aria-controls=\"elementor-tab-content-20612\"><span class=\"eael-advanced-accordion-icon-closed\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-plus\"><\/i><\/span><span class=\"eael-advanced-accordion-icon-opened\"><i aria-hidden=\"true\" class=\"fa-accordion-icon fas fa-minus\"><\/i><\/span><span class=\"eael-accordion-tab-title\">Incorrect determination of the board's representational rights<\/span><i aria-hidden=\"true\" class=\"fa-toggle fas fa-angle-right\"><\/i><\/div><div id=\"elementor-tab-content-20612\" class=\"eael-accordion-content clearfix\" data-tab=\"12\" aria-labelledby=\"nepareiza-valdes-prstvbas-tiesbu-noteikana\"><p>If there are several members on the board, it is necessary to determine precisely their rights of representation - whether each can act alone or only together. A situation should not arise where one member has only a formal right of representation.<\/p><\/div>\n\t\t\t\t\t<\/div><\/div>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t<div data-particle_enable=\"false\" data-particle-mobile-disabled=\"false\" class=\"elementor-element elementor-element-67f4554 e-flex e-con-boxed e-con e-parent\" data-id=\"67f4554\" data-element_type=\"container\" data-e-type=\"container\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f9761fd elementor-widget elementor-widget-heading\" data-id=\"f9761fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Useful Resources<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b87b884 elementor-widget elementor-widget-text-editor\" data-id=\"b87b884\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Website of the Register of Companies (UR): <a href=\"https:\/\/www.ur.gov.lv\/lv\/\">[https:\/\/www.ur.gov.lv\/]<\/a><\/p><p>State Revenue Service (SRS) website: <a href=\"https:\/\/www.vid.gov.lv\/lv\">[https:\/\/www.vid.gov.lv\/]<\/a><\/p><p>Commercial Law: <a href=\"https:\/\/likumi.lv\/ta\/id\/5490-komerclikums\">[https:\/\/likumi.lv\/]<\/a><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Here you will find all the information you need about the process of setting up and registering a company (LLC), the documents required for setting up a company and the costs of registering an LLC.<\/p>","protected":false},"author":1,"featured_media":4461,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4459","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-lv"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.7.1 (Yoast SEO v25.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>K\u0101 notiek pamatkapit\u0101la palielin\u0101\u0161ana SIA?<\/title>\n<meta name=\"description\" content=\"Pamatkapit\u0101la palielin\u0101\u0161ana: soli pa solim ce\u013cvedis, nepiecie\u0161amie dokumenti un Komerclikuma pras\u012bbas. 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